commercial paper — ☆ commercial paper n. 1. negotiable instruments, as bills of exchange, used regularly in the course of business 2. Finance short term promissory notes issued by large corporations and sold to investors either directly by the issuer or through… … English World dictionary

commercial paper — Unsecured, short term promissory notes issued by corporations for specific amounts and with specific maturity dates. Firms with lower ratings or firms without well known names usually back their commercial paper with guarantees or bank letters of … Financial and business terms

Commercial paper — Short term unsecured promissory notes issued by a corporation. The maturity of commercial paper is typically less than 270 days; the most common maturity range is 30 to 50 days or less. The New York Times Financial Glossary * * * commercial paper … Financial and business terms

commercial paper — A relatively low risk short term (maturing at 60 days or less in the US but longer in the UK) unsecured form of borrowing. Commercial paper is often regarded as a reasonable substitute for Treasury bills, certificates of deposit, etc. The main… … Big dictionary of business and management

commercial paper — Negotiable instruments, drafts, checks, certificates of deposit, and promissory notes. The term also includes bearer bonds where such are not specifically excluded from the classification by statute. 11 Am J2d B & N § 8. The Uniform Commercial… … Ballentine's law dictionary

Commercial Paper — An unsecured, short term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories and meeting short term liabilities. Maturities on commercial paper rarely range any longer than 270 days. The debt… … Investment dictionary

commercial paper — A relatively low risk short term (maturing at 60 days or less in the US but longer in the UK) unsecured form of borrowing. Commercial paper is often regarded as a reasonable substitute for Treasury bills, certificates of deposit, etc. The main… … Accounting dictionary